Suelan
De Sormeaux, CAMS, CGSS
Suelan De Sormeaux’s career in the financial sector spans 17 ½ years, 15 ½ of which have been in the anti-money laundering (AML) compliance field. De Sormeaux is the manager, group compliance governance, at Republic Bank Limited in Trinidad and Tobago. She supports senior management in providing strategic leadership, guidance, and support to the subsidiaries in the Republic Financial Holdings Limited (RFHL) Group to ensure that the Group has an effective corporate anti-money laundering/counter-terrorist financing/counter proliferation financing (AML/CTF/CPF) governance framework, which complies with the legislative requirements in Trinidad & Tobago and the jurisdictions in which each subsidiary operates. She also leads group-wide policy development.
Prior to her current position, De Sormeaux worked as the manager, AML and regulatory monitoring, where she provided support to senior management in coordinating and monitoring the Republic Financial Holdings Limited (RFHL) Group’s AML/CTF/CPF program to ensure continuous compliance with the group’s AML/CTF/CPF controls. She also provided training to staff and lead the team that conducted quality assurance testing of Republic Bank’s AML/CTF/CPF processes and those of subsidiaries within the RFHL Group to ensure that the Group conforms to all applicable regulatory requirements and guidelines. De Sormeaux also worked as the assistant manager, investigations and reporting, where she provided support in managing the alerts analysis and case investigations teams. She was also directly involved in the implementation of the Republic Bank Limited’s automated AML transaction monitoring and sanctions screening solutions, and in the group’s acquisition of new entities. During her tenure with the bank, she also provided support to the risk rating and due diligence stream in the AML compliance department.
De Sormeaux holds a Master of Science in management studies and a Bachelor of Science in management studies and finance with honors from the University of the West Indies, St. Augustine Campus. She also holds many AML designations, including the Certified Anti-Money Laundering Specialist (CAMS) designation, and ACAMS’ Certified Global Sanctions Specialist (CGSS) designation.